Evaluating the potential of marketable permits in a framed field experiment: Forest conservation in Nepal
Raja Timilsina and
Koji Kotani
Journal of Forest Economics, 2017, vol. 29, issue PA, 25-37
Abstract:
A marketable permits system (MPS) has been deemed effective in laboratory experiments, however, little is known about how the MPS works in the field. We evaluate the MPS efficiency for forest conservation by framed field experiments in Nepal. Forestland demands are elicited from farmers, with which the experiments are carried out. The novelty lies in instituting a uniform price auction (UPA) under trader settings and in identifying the MPS efficiency for forest conservation in the field of developing nations. The results suggest that farmers with limited education understand UPA rules, reveal their forestland valuations and that the MPS is effective with 80% of efficiency.
Keywords: Forest conservation; Framed field experiment; Marketable permits system; Uniform price auction (search for similar items in EconPapers)
JEL-codes: C93 Q23 (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations:
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1104689917300120
Full text for ScienceDirect subscribers only
Related works:
Working Paper: Evaluating the potential of marketable permits in a framed field experiment: Forest conservation in Nepal (2015) 
Working Paper: Evaluating the potentials of a marketable permits system in the field: An application to forest conservation in Shaktikhore, Nepal (2012) 
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eee:foreco:v:29:y:2017:i:pa:p:25-37
Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/journaldescription.cws_home/701775/bibliographic
http://www.elsevier. ... 701775/bibliographic
DOI: 10.1016/j.jfe.2016.11.003
Access Statistics for this article
Journal of Forest Economics is currently edited by P. Gong and R. Brännlund
More articles in Journal of Forest Economics from Elsevier
Bibliographic data for series maintained by Catherine Liu ().